International Energy and Climate Policy - International Climate Policy - Kyoto Mechanisms

International Emission Trading

Emission trading allows Annex I countries to exchange part of their emission commitment and, hence, to redistribute the division of allowed emission between them. ECN has carried out several quantitative studies to analyse the impact of trading CO₂ emission permits between the Annex I countries. The consequences for abatement costs, before and after trade, the volume of permits traded and the emissions per capita have been studied. One of the studies illustrated that the European Union could be a net exporter of permits in an OECD trading scheme (without Middle and Eastern Europe).

Publications

• Considering technology within the UN climate change negotiations. November 2008.
• How to include CCS in the CDM? Baseline methodologies and institutional implications. November 2008.
• ECN contributed to the UNFCCC Technical paper. Investment and financial flows to address climate change: An update. November 2008.
• Economic effects of grandfathering CO₂ emission allowances
  J.P.M. Sijm, K.E.L. Sijm, T. Kram, M.G. Boots, 2002
• Tradable CO₂ emission permits - a quantitative analysis of TEP-system between Annex I countries
  P.R. Koutstaal, T. Kram, S.N.M. van Rooijen, 1998

For more information please contact: Jos Sijm